Women in the alternatives investment industry are not usually
known for their
modeling, jewelry
designs or television
appearances. But members of professional and philanthropy
group 100 Women in Hedge Funds gave themselves an injection of
glamour by electing Ivanka Trump to their board.

Previously a member, Trump was one of four new directors to be
announced this week. She joined the 18 woman board with
Charlotte Beyer, founder of the family office network Institute
for Private Investors; Diana Cantor, partner of money manager
Alternative Investment Management; and Daphne Richards,
managing director of wealth manager Bessemer Trust
Company.

100 Women in Hedge Funds is a misnomer: There are thousands
of members who represent all aspects of the
alternative investment industry. Hence the election of Trump,
who is
executive vice president for development and acquisitions
at The Trump Organization, the real estate company owned by her
father Donald.

Mimi Drake, president of Permit Capital Advisors and global
chair of the 100WHF Association Board, put the appointment in
context. "The organizational changes we are announcing today
reflect the deepening of our senior practitioner base to
include family office leadership, private equity investors,
real estate investing and women on corporate boards, in
addition to our traditional member base of those who invest in,
support and work in the alternatives industry," she said in a
statement announcing the new board members and the
establishment of an advisory council.

"It is an honor to join this collection of inspiring, powerful
women who are leaders in their respective industries," Trump
said in a statement to Absolute Return.

Formed in 2001, 100 Women in Hedge Funds says it has more
than 10,000 members in 15 locations around the world. The
group has also raised $28 million for women's and family
health, education and mentoring.

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